Thursday, January 21, 2021

NETFLIX’S U.K. PLANS UNDERMINED BY AMAZON DEAL WITH SONY

December 22, 2011 by · 2 Comments 

Netflix can’t seem to catch a break, not even overseas. On Wednesday Amazon’s LoveFilm, Netflix’s chief online rental rival in the U.K., announced that it had signed an exclusive deal with Sony for the right to stream the studio’s movies on the so-called second subscription pay-TV window. In the U.K. that means that Netflix will […]

AMAZON BUYS “THE NETFLIX OF EUROPE”

January 20, 2011 by · Leave a Comment 

Online retailer Amazon is buying the 58 percent stake in Lovefilm — the Netflix of much of Europe — that it doesn’t already own. Terms of the transaction were not disclosed but analysts estimated that the deal likely valued Lovefilm at $300 million. In a statement, Greg Greeley, Amazon’s vice president of European retail, said: […]